The U.S. Department of Education has released a new interactive loan counseling tool to provide students with financial management basics, like information about their current loan debt and estimates for student loan debt levels after graduation. Students can access the new resource, known as the Financial Awareness Counseling Tool, on StudentLoans.gov.

“Managing student loan debt can be a difficult and confusing process for many borrowers. That's why the Obama administration has been working to unravel the mystery of college financing and arm students and...

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    staff and wire services reports